FY2026 EPS Estimates for Lundin Mining Raised by Scotiabank

Key Points

• Scotiabank raised Lundin Mining’s FY2026 EPS estimate to $1.23 from $1.15 and maintained an “Outperform” rating. The firm forecast FY2027 EPS of $1.36, compared with the current-year consensus estimate of $1.28.
• Lundin Mining shares were trading down 5.7%, opening at $22.99, while analysts overall maintained a consensus “Hold” rating, with four Buy ratings and eight Holds.
• The company’s latest quarterly results missed EPS expectations, reporting $0.30 versus the $0.34 consensus, although quarterly revenue of $1.21 billion exceeded estimates of $1.19 billion.

Lundin Mining Corp. (OTCMKTS:LUNMF - Free Report) - Research analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Lundin Mining in a note issued to investors on Tuesday, October 13th. Scotiabank analyst O. Wowkodaw now anticipates that the basic materials company will post earnings of $1.23 per share for the year, up from their previous forecast of $1.15. Scotiabank currently has an "Outperform" rating on the stock. The consensus estimate for Lundin Mining's current full-year earnings is $1.28 per share. Scotiabank also issued estimates for Lundin Mining's FY2027 earnings at $1.36 EPS.

A number of other brokerages have also commented on LUNMF. Royal Bank Of Canada reiterated a "sector perform" rating on shares of Lundin Mining in a research note on Thursday, June 18th. Canaccord Genuity Group downgraded shares of Lundin Mining from a "strong-buy" rating to a "hold" rating in a research report on Thursday, August 6th. Citigroup restated a "positive" rating on shares of Lundin Mining in a report on Wednesday, July 15th. Dnb Carnegie raised shares of Lundin Mining to a "hold" rating in a research report on Friday, July 3rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Lundin Mining in a research report on Thursday, July 2nd. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Lundin Mining Trading Down 5.7%

Lundin Mining stock opened at $22.99 on Thursday. Lundin Mining has a one year low of $13.97 and a one year high of $33.29. The business's fifty day moving average is $25.36 and its 200 day moving average is $26.10. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.60 and a quick ratio of 1.05. The stock has a market capitalization of $19.57 billion, a PE ratio of 13.29, a price-to-earnings-growth ratio of 1.29 and a beta of 1.27.

Lundin Mining (OTCMKTS:LUNMF - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The basic materials company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.04). Lundin Mining had a net margin of 31.82% and a return on equity of 13.18%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.19 billion.

About Lundin Mining

Lundin Mining Corporation is a Canadian base-metals mining company focused primarily on the exploration, development and operation of copper mines. The company also produces gold, molybdenum, nickel and other byproducts, depending on the ore bodies it operates. Its products are supplied to global markets and support industries such as construction, electrical equipment, transportation and manufacturing.

Lundin Mining's principal assets include the Candelaria copper, gold and silver complex and the Caserones copper-molybdenum mine in Chile, as well as the Eagle nickel-copper mine in Michigan.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.